Brexit causes BMW to shift some engine production to Germany

BMW has shifted some of its engine production from its Warwickshire plant at Hams Hall to Germany as part of changes caused by Brexit.
The move was revealed as the manufacturer launched the first electric Mini model at its Cowley plant in Oxfordshire.
The change has been driven by the tax status of vehicles. EU-manufactured engines which are exported to South Africa, where BMW assembles its X3, and re-imported into Europe have favourable tax treatment because of the "local content".
Post-Brexit, UK-manufactured items woul... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...